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Stock impact report

Ouster, Inc. (OUST) Laps the Stock Market: Here's Why [Yahoo! Finance]

Ouster, Inc. (OUST) 
Company Research Source: Yahoo! Finance
The stock outpaced the S&P 500's daily gain of 0.4%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.63%. Coming into today, shares of the company had gained 28.36% in the past month. In that same time, the Computer and Technology sector gained 4.88%, while the S&P 500 gained 3.76%. Market participants will be closely following the financial results of Ouster, Inc. in its upcoming release. The company plans to announce its earnings on November 7, 2024. Any recent changes to analyst estimates for Ouster, Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, Show less Read more
Impact Snapshot
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